Kodiak Gas Services Inc (NYSE: KGS) is -15.55% lower on its value in year-to-date trading and has touched a low of $23.57 and a high of $50.43 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The KGS stock was last observed hovering at around $40.56 in the last trading session, with the day’s loss setting it -6.08%.
Currently trading at $34.48, the stock is -20.54% and -21.99% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.15 million and changing -14.99% at the moment leaves the stock 1.77% off its SMA200. KGS registered 29.92% gain for a year compared to 6-month gain of 32.87%.
The stock witnessed a -26.56% loss in the last 1 month and extending the period to 3 months gives it a -14.14%, and is -18.70% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 6.97% over the week and 4.46% over the month.
Kodiak Gas Services Inc (KGS) has around 781 employees, a market worth around $3.01B and $1.16B in sales. Current P/E ratio is 57.58 and Fwd P/E is 15.33. Profit margin for the company is 4.30%. Distance from 52-week low is 46.29% and -31.63% from its 52-week high. The company has generated returns on investments over the last 12 months (1.24%).
with sales reaching $333.05M over the same period.The EPS is expected to grow by 222.01% this year, but quarterly earnings will post 17.27% year-over-year. Quarterly sales are estimated to grow 54.55% in year-over-year returns.
The shares outstanding are 87.80M, and float is at 49.33M with Short Float at 7.31%.
The top institutional shareholder in the company is ION ASSET MANAGEMENT LTD. with over 1.27 million shares valued at $34.51 million. The investor’s holdings represent 1.5033 of the KGS Shares outstanding. As of 2024-06-30, the second largest holder is TORTOISE CAPITAL ADVISORS, L.L.C. with 1.08 million shares valued at $29.45 million to account for 1.2829 of the shares outstanding. The other top investors are HITE HEDGE ASSET MANAGEMENT LLC which holds 0.78 million shares representing 0.9271 and valued at over $21.28 million, while AMERICAN CENTURY COMPANIES INC holds 0.6833 of the shares totaling 0.58 million with a market value of $15.68 million.
Kodiak Gas Services Inc (KGS) Insider Activity
The most recent transaction is an insider sale by Frontier TopCo Partnership, L., the company’s 10% Owner. SEC filings show that Frontier TopCo Partnership, L. sold 3,728,677 shares of the company’s common stock on Jan 30 ’25 at a price of $47.50 per share for a total of $177.11 million. Following the sale, the insider now owns 34.77 million shares.
Still, SEC filings show that on Dec 12 ’24, Frontier TopCo Partnership, L. (10% Owner) disposed off 5,500,000 shares at an average price of $42.09 for $231.47 million. The insider now directly holds 38,500,000 shares of Kodiak Gas Services Inc (KGS).
